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20121112
20121120
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
today. >> chris: president obama and speaker boehner sounding upbeat about prospects to cut a deal to avoid the fiscal cliff. after the panel and congressional leaders met at the white house, rhetoric was reassuring. the question is: is it real? do you get a sense, bob, this is the subject of your new book, that they do see or beginning to see a path to compromise or are they trying to reassure the nervous consumers before the christmas holidays? nervous investors because the stock market has gone down 1,000 points. >> symp nervous about this. the next six weeks could be the six weeks that shook the united states if they don't fix this. there is clearly a new move. the way they will this is hostage exchange. otherwise, republicans are determined not to let the tax rate goes up. the president is determined or is determined to get more revenue. and it's possible to do this. and the president is going along with some idea of entitlement reform that we are going to actually cut spending. this is really -- they are going to have to -- they are lagerhead on the tax issue. i'm not sure ho
doors is a different story. john boehner doesn't have the leverage he used to have. on a conference call he told house republicans they had to avoid the nasty showdowns that mark so much of the last two years. senate republican leader mitch mcconnell was the number one obstructionist in the president's first term. now he tells "the wall street journal" he'll do whatever it takes to get a deal. i'd be willing to pay the ransom if e we thought we were going to get the hostage out. but the hostage is what? entitlement spending. mcconnell's intention, he's willing to agree to a dollar of new taxes for every dollar in cuts. what a difference an election makes. >> i'm going to ask a question on the stage. they seau had a real spending cuts deal, 10 to 1. spending cuts to tax inkrecreas. spooker, you're already shaking your head. but who on this stage would walk away from that deal? would you raise your hand about not raising taxes. >> remember in 2011 republicans would not take a 10 to 1 tax cut deal? now today mitch mcconnell is willing to do a 1 to 1 deal. republicans lost all of their lever
to tackle the impending fiscal cliff but the president and the speaker of the house john boehner each drawing lines that they say they will not cross. the major hurdles, that threat to send the economy into a tailspin, that's coming up next. >>> plus a nascar race turning into a full-scale brawl. look at this. mayhem breaking out of the everybody going at it. we'll tell you what set it off. after this. ve lately. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. jenna: well come back, everyone. now let's return to the economy. the president and house speaker john boehner are suggesting they are willing to compromise to prevent our economy from going over that so-called fiscal cliff but both sides are digging in their heels whether or not to race tax rates for the wealthy. rich edson of the fox business network watching
directly at odds with house speaker john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that could leave rates the same but cap deductions for high-income earners. is that something that's acceptable? >> no. >> not at all no, way? >> no. the preponderance made it very clear in his campaign that there are not enough -- what you just described is a formula and a blueprint for hampering our future. you cannot go forward -- you have to cut some investments. if you cut too many you are hampering growth, you're hampering education, investments for the future. >> and even thousands of miles away it appears president obama is still focused on those negotiations. while touring a royal monastery with secretary of state clinton in thailand the president was overheard mentioning the budget talks to a monk. the president later clarified his comments -- >> he's not any monk. >> no. >> he has some big i vestments in the stock market. >> he later clarified his comments at a news conference. >> yes, we were working on
in front of us today. >> president obama and speaker boehner sounding upbeat friday about prospects for cutting a deal to avoid the fiscal cliff. we are back with the panel. after the congressional leaders and the president met at the white house on friday the rhetoric was reassuring. the question is is it real? do you get the sense, bob, that really do see or are beginning to see a path to a compromise are they they just trying to calm nervous investors because the stock market is going down a thousand points? >> everyone is nervous about this. this is kind of the last chance. the next six weeks could be six weeks that shook the united states if they don't fix this. there clearly is a new mood, but the way they are going to solve this is kind of hostage exchange. in other words, the republicans are determined not to let tax rates go up. the president is determined or is determined to get more revenue. and it's possible to do this. the president is going along, it seems, with some idea of entitlement reform that we are going to actually cut spending. but this is, you know, they are
at 3:00 p.m. on msnbc. >>> coming up, speaker boehner has a great new idea. a new way to make compromise in this tax fight. he's tapping paul ryan to take a big new role. it makes perfect sense. >>> also, your john mccain hypocrisy alert is coming. he wants an apology from susan rice. is he kidding? we're still waiting on yours. >>> plus, here comes their worst night mare. we'll tell you what senate republicans are secretly saying behind closed doors about elizabeth warren coming to washington. not exactly planning a welcome party. >>> and how about this picture all over the internet? we'll explain what it's all about. >>> in a conference call, he won because he gave big gifts to target ed voters but some believe he won because of the big gift he got from republicans. [ male announcer ] what are happy kids made of? bikes and balloons, and noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. a wand, some wings, soup with good things. sidewalks and doodles and wholesome noodles. puddles and pails and yes, puppy dog tails. for a lun
the election, speaker boehner sate said the fight is over and it is i now the law of the land. do these refusals mean the fight may not be over? >> i think the federal government is prepared to run exchanges in the states that don't cooperate. speaker boehner is right, the congress will no longer talk about repealing the law. i think if congress we will see pb cans raising portions of the law they think are controversial or may be able to attract democratic votes and peel back smaller pieces of the health reform law. >> what's your best guess that the the states will adhere to the deadline. mid december ito make their attentions known. >> i think it is important to note the health reform law, people have to select plans beginning in ok of next year and the plans go live in the year following. there's not a lot of time between now and then. states want to run their state exchanges we will know by december which ones are ready and which aren't. >>> ahead, getting to the truth about ben benz. a house member who grilled general petraeus on captiol hill joins us in just a moment. yeah,
from john boehner and -- >> yeah, from boehner i am. the president has now painted himself -- painted those guys in to -- how many times has he drawn a line in the sand about that high right on 250. he's made a point and he can't possibly go back on that now, can he? >> i think he can. look, i think he's drawing a line on getting money from those people, there people making 250 and above. but he hasn't drawn a line on how he gets that money. he's said at his news conference i'm skeptical that you can do enough in loopholes and exclusions to get the money that we need for a deal from that group. but he also said i'm open to new ideas. so if there is in fact an effort to close some loopholes that gets you some of the way there, you can certainly see the president, i could anyway, compromising somewhere between 35 and 39.6 on a slightly higher rate. if shall be caomebody came up w source of revenue which didn't change the distribution of the tax burden, figure out a way to do it without a top rate. i kind of expect what's going to happen is loophole closing and you end up at like 37 ors
asked speaker boehner if you are now the de facto leader of the republican party. and his answer was, oh, i wouldn't think so. paul ryan is a policy wonk. >> i take that as a great compliment from john. >> reporter: is that your role in the republican party, the house policy wonk? >> i have also been one of the house policy wonks. my role is to continue to be a champion of ideas, to help our party be a reform party that shows how we get economic growth. >> reporter: i asked ryan about speculation that he would be an early front-runner for the republican presidential nomination in 2016. he told me it is way too early to even think about the next presidential race. jonathan karl, abc news, washington. >> he also said another reason that his team lost is that turnout in the urban areas in the country was so high, but they also lost in states with few minorities and rural areas, iowa, new hampshire. if you look at a lot of the president's poll numbers, there was more at play than folks of color coming out in support. that's one important part of the narrative but not the full story. so, inte
$250,000. >> republicans under speaker boehner are saying, look, that's not going to happen. where is the wiggle room? how would you advise the president, the republicans to come up with something that's workable? >> well, you know, some sg is going to happen anyway, suzanne. if they don't reach agreement before the end of the year. those tax rates are going to go up, and the question is how long can the republicans in congress hold out once that happens, and they're going to be held responsible. there was a poll out yesterday that showed people will blame the congressional republicans for going off the fiscal cliff. people decide they had agreed with the president. the president has leverage. after the first of the year he is going to have more help in the senate, more help in the house, and he will have automatically higher tax rates, so the question will be will the republicans in the house and senate vote to lower the rates for the middle class because they will have gone up. one way or the other it will be resolved. that $3,500 tax on families, it's not going to happen. the qu
leaders to avoid the fiscal cliff. boehner and mcconnel and nancy pelosi and harry reed reed. without a deal billions of tax increases go into affect january 1st. and those are your head lines. i would like to be a fly on the wall for that meeting. >> brian: there is shock waves across the markets. coming in way above expectations, remember that explanation. hurricane sandy's fault. everyone gets fired when a hurricane hits? what kind of logic is that. >> a crash scene with a baby girl trapped in the twisted metal. but you haven't seen the hero that jumped inside to save her, he's coming up this hour. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. it's a new way to get cash back deals, and it's called bankamerideals! i sign into my online banking... click the "cash back deals tab"... and pick the deals i want. i just use my bank of america debit or credit card when i pay,
can pass the alternative. but it's your problem to get the votes. and boehner would be well put not to try to cut a deal with obama but instead to say paul ryan's going to bring a solution to the fix, we're going to gather votes for it. i guarantee you, you'll get the right to have a democratic substitute. and if you can get enough republicans to vote for it, terrific. but they do not have an obligation to concede that the only mandate in washington is the president's. >> you're talking about chains hiring people for 29 hours. i'm hearing that from small business owners across pensacola. >> yeah. >> my own district. on election night i got three different e-mails from small business owners going it's sad -- and i said this on the air a couple days ago. they said i'm going to have to put these people on for less than 30 hours and i'm going to lose my best people. i can choose to do that or fire six, seven people because my margins are so small i'm fighting to keep my business open. >> you track the number of layoffs and closures in the first week since the election, it's sobering
Search Results 0 to 19 of about 20 (some duplicates have been removed)